SKF India Ltd
SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.[1]
- Market Cap ₹ 21,722 Cr.
- Current Price ₹ 4,394
- High / Low ₹ 5,175 / 3,112
- Stock P/E 41.4
- Book Value ₹ 474
- Dividend Yield 0.91 %
- ROCE 34.5 %
- ROE 24.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 26.6%
Cons
- Stock is trading at 9.28 times its book value
- The company has delivered a poor sales growth of 9.37% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,435 | 2,228 | 2,275 | 2,414 | 2,997 | 2,631 | 2,750 | 3,035 | 2,842 | 2,671 | 3,666 | 4,305 | |
2,136 | 1,969 | 2,014 | 2,132 | 2,636 | 2,295 | 2,316 | 2,549 | 2,492 | 2,251 | 3,110 | 3,556 | |
Operating Profit | 298 | 258 | 261 | 281 | 362 | 336 | 435 | 486 | 349 | 420 | 556 | 749 |
OPM % | 12% | 12% | 11% | 12% | 12% | 13% | 16% | 16% | 12% | 16% | 15% | 17% |
54 | 68 | 41 | 79 | 101 | 87 | 71 | 92 | 104 | 36 | 34 | 52 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 8 | 9 | 2 | 2 | 2 |
Depreciation | 39 | 44 | 49 | 54 | 68 | 48 | 46 | 46 | 57 | 58 | 57 | 67 |
Profit before tax | 314 | 283 | 253 | 306 | 394 | 376 | 455 | 524 | 387 | 396 | 531 | 733 |
Tax % | 34% | 33% | 34% | 34% | 35% | 35% | 35% | 36% | 25% | 25% | 26% | 28% |
Net Profit | 208 | 190 | 167 | 203 | 256 | 244 | 296 | 336 | 289 | 298 | 395 | 525 |
EPS in Rs | 39.54 | 36.05 | 31.62 | 38.45 | 48.53 | 46.25 | 57.64 | 67.92 | 58.46 | 60.22 | 79.92 | 106.15 |
Dividend Payout % | 19% | 21% | 24% | 26% | 31% | 22% | 21% | 18% | 222% | 24% | 18% | 38% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 9% |
3 Years: | 15% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 12% |
3 Years: | 26% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 20% |
3 Years: | 45% |
1 Year: | 34% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 20% |
3 Years: | 22% |
Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
53 | 53 | 53 | 53 | 53 | 53 | 51 | 49 | 49 | 49 | 49 | 49 | |
Reserves | 959 | 1,103 | 1,223 | 1,363 | 1,612 | 1,758 | 1,786 | 1,648 | 1,856 | 1,514 | 1,836 | 2,292 |
0 | 0 | 0 | 0 | 65 | 34 | 85 | 90 | 22 | 18 | 16 | 14 | |
496 | 444 | 420 | 495 | 419 | 459 | 522 | 510 | 542 | 721 | 727 | 822 | |
Total Liabilities | 1,508 | 1,599 | 1,695 | 1,911 | 2,149 | 2,304 | 2,444 | 2,297 | 2,469 | 2,303 | 2,629 | 3,178 |
318 | 348 | 376 | 347 | 298 | 299 | 293 | 284 | 352 | 345 | 402 | 424 | |
CWIP | 36 | 59 | 25 | 18 | 12 | 35 | 37 | 62 | 41 | 65 | 52 | 63 |
Investments | 0 | 0 | 0 | 20 | 19 | 149 | 154 | 44 | 197 | 2 | 2 | 2 |
1,153 | 1,192 | 1,294 | 1,526 | 1,820 | 1,821 | 1,960 | 1,906 | 1,879 | 1,890 | 2,172 | 2,688 | |
Total Assets | 1,508 | 1,599 | 1,695 | 1,911 | 2,149 | 2,304 | 2,444 | 2,297 | 2,469 | 2,303 | 2,629 | 3,178 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
152 | 199 | 122 | 218 | 26 | 115 | 367 | 181 | 330 | 324 | 57 | 690 | |
-52 | -101 | -165 | -3 | -174 | 147 | -265 | 306 | -154 | 654 | -33 | -45 | |
-44 | -46 | -46 | -93 | 49 | -126 | -225 | -477 | -178 | -652 | -78 | -79 | |
Net Cash Flow | 56 | 52 | -89 | 122 | -99 | 136 | -123 | 11 | -2 | 326 | -53 | 567 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56 | 52 | 53 | 56 | 59 | 71 | 65 | 63 | 56 | 80 | 68 | 58 |
Inventory Days | 65 | 63 | 65 | 71 | 65 | 94 | 92 | 95 | 92 | 109 | 110 | 98 |
Days Payable | 74 | 68 | 64 | 82 | 57 | 68 | 89 | 72 | 84 | 135 | 85 | 86 |
Cash Conversion Cycle | 47 | 47 | 54 | 46 | 67 | 97 | 68 | 86 | 64 | 54 | 93 | 69 |
Working Capital Days | 34 | 37 | 44 | 44 | 64 | 90 | 67 | 71 | 66 | 61 | 86 | 59 |
ROCE % | 34% | 26% | 23% | 23% | 25% | 21% | 24% | 28% | 19% | 23% | 31% | 34% |
Documents
Announcements
- Disclosure Of Related Party Transactions Pursuant To Regulation 23 (9) Of SEBI (LODR) Regulations 2015 For Half Year Ended 31St March 2023 17 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
19 May - Circular CIR/CFD/ CMD1/27/2019 dated 8th February 2019 read with BSE Circular no. 20230316-14 dated March 16, 2023, and NSE Circular Ref No: NSE/CML/ 2023/30 dated …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
19 May - In compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015, we are enclosing the financial results published in the newspapers of Economic Times, MINT, …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 May
-
Announcement under Regulation 30 (LODR)-Change in Directorate
17 May - Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR ") read with SEBI circular dated September 09, 2015, we wish to inform you that the …
Annual reports
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from bse
-
Financial Year 2010
from nse
-
Financial Year 2009
from nse
Concalls
-
Mar 2023TranscriptPPT
-
Aug 2022TranscriptPPT
-
Aug 2022Transcript PPT
-
Jun 2022TranscriptPPT
-
May 2019TranscriptPPT
-
Oct 2018TranscriptPPT
-
Jul 2018TranscriptPPT
-
May 2018TranscriptPPT
-
Feb 2018TranscriptPPT
-
Oct 2017TranscriptPPT
-
Aug 2017TranscriptPPT
Product Portfolio
The company's product portfolio primarily consists of bearings, seals and lubrication systems. It develops solutions for its customers across automotive and industrial sectors through its 5 technology-centric platforms i.e. bearings and units, seals, mechatronics, lubrication solutions and services. [1]